Why you should not follow the News Recommendations for Buying and Selling?
The changes in demand and supply of products and services cause the stock prices to fluctuate. However, the demand and supply change is based on the current happenings. News thus has a major role to play in determining whether a stock price will rise or fall. Everyone new to stock markets wishes to make huge gains quickly. However, in a rush for quick money, they fail to get their fundamentals right and look for ‘trustworthy advice that can help them grow their money. Most people regard news channels as one of the most credible sources of information and advice. Are you an individual investor wondering if sticking to the news channels will help you book huge returns? While news anchors and YouTubers teaching day trading may vouch for this approach, chasing the news may not be a beneficial stock-picking strategy. It is probably the quickest way to wipe out your capital. The number of channels showing everyday market reports has increased significantly. Each of them has an expert boasting vast experience in investment advisory and stock markets. While you can trust them for timely